Emerald Oil, Inc. (NYSEMKT:EOX) announced a venture with Koch Exploration Company, LLC, the results of two Southern McKenzie County wells, and the initiation of a Midstream Joint Venture. Emerald has entered into a purchase and sale agreement and other related agreements with Koch Exploration, a wholly-owned subsidiary of Koch Industries, Inc. Subject to customary closing conditions, Koch Exploration will acquire a 30% working interest from Emerald in all of its undeveloped southern drilling spacing units in McKenzie County, North Dakota, for $16.6Mln (~25,000 net acres). Emerald Oil, Inc. (NYSEMKT:EOX) shares moved up 9.46% in last trading session and ended the day at $1.62. EOX Gross Margin is 66.80% and its return on assets is -22.90%. Emerald Oil, Inc. (NYSEMKT:EOX) quarterly performance is -88.59%.
Cognizant Technology Solutions reported its 2015 second quarter financial results yesterday with fully reported earnings of $0.68 per share on revenue of $3.09 billion. Analysts surveyed by Thomson Reuters had forecast fully reported earnings of $0.66 per share on revenue of $3.03 billion for the quarter. On 06 August, Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares moved down -0.39% and was closed at $67.08. CTSH EPS growth in last 5 year was 21.40%. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) year to date (YTD) performance is 27.38%.
Frisch’s Restaurants, Inc. (NYSEMKT:FRS) begin trading ex-dividend on June 24, 2015. A cash dividend payment of $0.2 per share is scheduled to be paid on July 10, 2015. Shareholders who purchased FRS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that FRS has paid the same dividend.Frisch’s Restaurants, Inc. (NYSEMKT:FRS) ended the last trading day at $33.75. Company weekly volatility is calculated as 0.52% and price to cash ratio as 37.64. Frisch’s Restaurants, Inc. (NYSEMKT:FRS) showed a weekly performance of 0.15%.
Southwestern Energy Company (NYSE:SWN) laid off 102 employees Thursday, 80 of which were located in the Fayetteville Shale operations located in central Arkansas. A reduction in operations and shifting capital budgets across Southwestern Energy related to commodity prices, unavoidably led to a lower number of employees being required in certain areas. Southwestern comprehensively evaluated various scenarios and carefully considered the impact to our employees. In many cases, employees were given the opportunity to transfer to other locations or positions. Nonetheless, positions were not available at this time for all our current employees. Southwestern Energy Company (NYSE:SWN) shares moved up 5.31% in last trading session and ended the day at $17.45. SWN Gross Margin is 75.20% and its return on assets is -1.80%. Southwestern Energy Company (NYSE:SWN) quarterly performance is -36.17%.